Blair, Wisconsin Bank Lends Money to Automotive Repair Shops Company in Black River Falls, Wisconsin

Find Blair, Wisconsin banks that specialize in business loans and know how to work with entrepreneurs. Union Bank Of Blair is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Black River Falls, Wisconsin starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Union Bank Of Blair. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: AUTOMOTIVE REPAIR SHOPS
BLACK RIVER FALLS, WI 54615

SBA Loan Lender

UNION BANK OF BLAIR
123 S URBERG AVE
BLAIR, WI 54616

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7539 - Automotive Repair Shops

NAICS Code

811111 - General Automotive Repair

Loan Approval Date

2/21/2006

Loan Approval Gross Amount

$525,000

Loan Approval from the SBA

Of the total $525,000 loan amount, the SBA guaranteed $393,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The loan application did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

The Friends and Family Network

Where to Get an SBA Loan in Blair, Wisconsin

Wisconsin SBA 7A Lenders